Финансово-консалтинговая компания CYWORLD WEALTH

Curacao temporarily relaxes tax holidays for development

01 Jul
Curacao temporarily relaxes tax holidays for development Advocate Cyprus Advocate Cyprus

Curacao temporarily relaxes tax holidays for development

Curacao temporarily relaxes tax holidays for development

On June 21, 2021, the Ministry of Finance of Curacao announced a decision to soften the conditions of tax breaks for property (land) development. One of the main conditions for tax holidays is that at least 80% of residences in real estate are sold or leased to foreigners. However, due to the impact of the COVID-19 pandemic, it has become difficult for investors to meet this condition. As a result, it was decided to reduce the cost of fulfilling this condition by at least 20%. Discount is valid until further notice.

We draw your attention to the fact that this article is for informational purposes only. For more advice, contact us at the contacts listed on the site.

Request a call back

Want to consult with one of our financial advisers by phone? Leave your details and we will contact you shortly. You can contact us by specifying your email.

    Получить консультацию

    Хотите проконсультироваться с одним из наших финансовых консультантов по телефону? Оставьте свои данные и мы свяжемся с вами в ближайшее время. Вы можете связаться с нами указав свою электронную почту.

      Order service

        Заказать услугу